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Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

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In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approximately SEK 50 million (US$4.9 million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. The investment came as part of a £15-million (US$18.4-million)

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Volkswagen’s Elli and Elia Group partner to integrate EVs into the grid

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The Group ensures that production and consumption are balanced, supplying 30 million end users with electricity. Through its subsidiaries in Belgium (Elia) and the north and east of Germany (50Hertz), the company operates 19,192 km of high-voltage connections.

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Tesla powers Eneco’s largest battery project

Teslarati

Eneco, an energy producer in the Netherlands, is relying on Tesla to power its biggest battery project to date, which will be used to “more efficiently balance Belgium’s electricity grid” and is expected to be operational in 2024. Eneco is jointly owned by Mitsubishi Corp.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. These combine as many batteries as are needed for tailor-made solutions with capacity ranging from less than 100 kilowatt hours up to 15 megawatt hours or more. —Matthew Lumsden, CEO of Connected Energy.

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This Dutch City Is Road-Testing Vehicle-to-Grid Tech

Cars That Think

Unlike those you may have grown accustomed to seeing, many of these stations don’t just charge electric cars—they can also send power from vehicle batteries to the local utility grid for use by homes and businesses. Debates over the feasibility and value of such vehicle-to-grid technology go back decades. Kempton and Letendre’s.

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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

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The program runs from 2 March to 30 April 2021, while supplies last. These customers are allocated a portion of the energy output from their community solar projects and earn credits on their power bills as the projects generate power and add renewable energy to their local grid. seconds and a top track speed of 124 mph.

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PSA Peugeot Citroën and General Electric sign a European Cooperation Agreement for the co-development of electromobility solutions; BEVs and PHEVs

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PSA Peugeot Citroën and General Electric last week signed a technology and commercial cooperation agreement to collaborate towards establishing reliable business models for Electrical Mobility (EV), which includes both Fixed Battery Electrical Vehicles (FBEV) and Plug-in Hybrid Electric Vehicles (PHEV). million globally.

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